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mongolian replied Oct 1, 2014I have a request for a chart on today's EJ. I haven't traded this pair in a while, so this is just my observations on how I see how price action went today. Basically if you notice on the chart I have highlighted the quarter levels and you will see ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Oct 1, 2014Trying to get up that early is tough at first. However I found that once I started doing it - my body would adjust and I could just do it. Then the really fun part was when I felt like I didn't need to anymore, my body still woke up @ 3am anyway. ...
Cutting the cord with M1 scalps
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mongolian replied Sep 29, 2014Good Stuff from Steve Burns at Newtraderu.com EQUITY EQUATION Think about it this way: Once you are done with a trade, you can put it into one of four categories: Small losses Small gains Large losses Large gains All other things being equal, the ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Sep 29, 2014That is definitely an improvement as far as entry goes. Almost right where you want. The challenge you have to tackle is placing orders ahead of time. When you can get to that point - in my opinion - you are reading how price has behaved, you have a ...
Cutting the cord with M1 scalps
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mongolian replied Sep 26, 2014Good post. All your points are valid and on point. What I suspect, and forgive me if I'm wrong Capstone, is that it's a huge lack of confidence and conviction. I see good looking charts as well. But also, I see hesitation. Could be wrong, but I know ...
Cutting the cord with M1 scalps
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mongolian replied Sep 25, 2014I remember the first time I had to walk away from a trade. Pretty much did the same thing, moved against me, moved for me and then moved against me and stopped me out. I came back & I shouldn't have been surprised, but for whatever reason, I was. ...
Cutting the cord with M1 scalps
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mongolian replied Sep 16, 2014I did. I usually have traded the 1M, however lately I have been trading off an tick bar setting that I purchased. Settings are the same, it just takes time out of the chart & just leaves price only. It's how I started to trade forever ago when I ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Sep 16, 2014The following questions have been posed to me as well as encouraging me to share them on this thread so here it goes. What are your thoughts on trade management ? Trade Management - To me, this is everything I do before, during and after. Trade ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Sep 11, 2014url This is a must read. Especially for any new traders, or for any of us in general. For the longest time, I struggled with this, I could see the reward or the end result, but could never stay 'motivated' towards that. My motivation would always ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Sep 10, 2014I wouldn't worry too much about the search executive. Check out 48days.com. Guy wrote a book about getting the job you want in 48 days. That's his website. He lays out a plan on how to tackle the job search. Read the book a number of years ago when ...
Cutting the cord with M1 scalps
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mongolian replied Sep 10, 2014Good to see you persevering! Nice work my friend. Keep @ it!
Cutting the cord with M1 scalps
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mongolian replied Aug 14, 2014Not sure you are going to get much of a response for that in this thread. Just saying.
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied May 24, 2014Thanks for the kind words!
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied May 14, 2014I'm not disagreeing with you. There are TONS of opportunities to get 1-3 pips. My point was - the math will do him in if he continues doing business how he's currently doing it. You can't have a couple 3 pip winners followed by 3 or 4 eight pip ...
Cutting the cord with M1 scalps
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mongolian replied May 14, 2014Brother I know you are struggling. I feel your pain. Any trader whose been around long enough has gone through it. I don't trade the EURAUD, so I don't have any trades that I actually took on there. I have included two charts. 1 is with my lines ...
Cutting the cord with M1 scalps
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mongolian replied Apr 25, 2014No actual trades for me today. Was on a 2nd grade field trip to Legoland Florida. I am wore out! Anyway - the first place I would look to get in on a retrace would be @ 1.4125. That would be a full 12.5 pip move back. I have a couple of guidelines I ...
Cutting the cord with M1 scalps
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mongolian replied Apr 24, 2014Price movement and volatility are WAY WAY slower/lower than it used to be. I'll see about putting up a chart or 2!
Cutting the cord with M1 scalps